NHPC tenders 2.4 GW of solar-plus-storage projects
NHPC Ltd has launched a tender to select developers for setting up 1.2 GW of grid-connected solar PV power projects with energy storage systems (ESS) and additional PV capacity up to 1.2 GW with ESS under “Greenshoe Option.”
Zelestra closes €132 million financing for its 435 MW solar plant in Rajasthan
Spanish developer Zelestra has raised €132 million financing for its 435 MW solar plant in Gorbea, Rajasthan. The financing has been signed with HSBC, Credit Agricole, MUFG and Bank of America.
AM Green acquires Finnish biorefining company, to invest $1 billion for sustainable aviation fuel production
AM Green has acquired Finland based biorefining technology company Chempolis. It will establish large-scale biorefineries to produce bioethanol and other green products from biomass feedstocks utilizing Chempolis technology.
Datta Infra secures INR 1,500 crore REC loan to develop 500 MW of renewable energy projects
Adyant Enersol, a wholly-owned subsidiary of Datta Infra, has signed an agreement with REC for financing of 500 MW of renewable energy projects.
Renewables share in India’s power generation mix to reach 35% by 2030: ICRA
Ratings agency ICRA projects the share of renewables (including hydro) in India’s power generation mix to rise to 35% by FY 2029-30, from 21% in FY 2024.
Godrej & Boyce commissions 25 MW ground-mounted solar project in Maharashtra
The project located in Dhule is spread over 52 hectares and will generate 45 million units annually
World now has five times more PV than nuclear power
According to the World Nuclear Industry Status Report 2024, the world had 408 operational reactors producing 367 GW in the middle of the year, which is significantly less than installed capacity predictions for solar by the end of the year and five time less the world’s cumulative PV capacity.
UK think tank predicts 593 GW of new global PV installations for 2024
UK-based energy think tank Ember says it expects 593 GW of solar to be added throughout the world this year – 29% more than in 2023. It says 292 GW were installed by the end of July.
Yashika Energy Systems partners Germany’s Next2Sun on vertical bifacial agri-PV systems
Yashika Energy Systems has partnered Germany’s Next2Sun and Wattkraft India to launch pilot projects, ranging from 100 kWp to 500 kWp, integrating vertical bifacial solar technology with agriculture.
NTPC Green Energy files draft papers for $1.19 billion IPO
The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.
